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NZDUSD - Possible Double Top
By Jamie Saettele, CMT, Sr. Technical StrategistKiwi has rallied to test the 9/4 high at .6580
(possible double depending on where Kiwi closes). There is of course the
chance to play a breakout but RSI on the 240 minute chart is already above 70
and exhibits bearish divergence at current price. A daily close above
.6580 exposes the 7/8 low / 3/2 high at .6683/85.
- Oct, 16 17:53 GMT SSI: EURUSD Pull Back Leads Retail Traders to Position for a 1.4960 - 1.4850 Range
- Oct, 16 09:17 GMT SSI: GBPJPY Retail Shorts Fall 19.1% with Long Positions Gaining 9%
- Oct, 15 17:44 GMT SSI: Traders Show Little Interest in Fading GBPUSD’s Rally after Longs Drop 22%
- Oct, 15 10:03 GMT SSI: Retail Traders Pull Back 20.7% with Open Interest Weakening 2.7%
- Oct, 14 18:27 GMT SSI: Retail Traders Fighting EURUSD Breakout, Capitulating to AUDUSD’s Push
- Sep, 13 14:12 GMT USDCHF - A Wider Range
- Sep, 13 10:05 GMT CHFJPY - Short Term Double Bottom at 93.85
- Sep, 12 12:18 GMT NZDJPY - Continuing Lower
- Sep, 11 18:47 GMT EUR/AUD - Playing The Range

